South Korea
Sixteen Arrested in South Korea for Illegal Crypto Trading Activities: Report
An investigation by the Korea Customs Service discovered over 2.7 trillion won ($2 billion) in illegal foreign exchange transactions related to virtual assets since February.
S. Korean City Busan Taps FTX to Develop Crypto Exchange, Promote Blockchain Businesses
Busan aims to develop a blockchain zone in the coming years and had also signed on crypto exchange Binance last week.
South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says
The Bank of Korea says companies like stablecoin issuer Terra were able to circumvent the ban and sell digital tokens to locals by setting up corporations overseas.
Crypto Exchange Binance to Help S. Korean City of Busan Develop Its Blockchain Industry
Binance will provide services and education to support the city's blockchain development.
Ex-S. Korean Finance Minister Yong-Beom Kim Appointed as CEO of Hashed Open Research
The research arm of crypto venture capital fund Hashed is looking to bridge the gap between the blockchain industry and the South Korean government.
Seven S. Korean Brokerages Plan to Start Crypto Exchanges Next Year: Report
Authorities in the country have trending towards strict oversight since the terraUSD collapse.
South Korea Plans to Tax Crypto Airdrop Recipients: Report
The government said crypto airdrops count as gifts under tax legislation.
South Korea's Money Laundering Watchdog Flags 16 Crypto Firms for Operating Without Registration
Crypto exchanges KuCoin and Poloniex are among the foreign firms accused of conducting "illegal business activities" without proper registration, and could face fines or imprisonment.
'Don't Say Terra' and Other Reflections From Korea's Crypto Extravaganza
A string of conferences in Seoul explored the future of DeFi, but the $40 billion blowup of a major Korean project was not on the agenda.
